Article content (Bloomberg) — Factories across Asia expanded at a lackluster pace in January as demand cooled, ahead of a trade war that President Donald Trump kicked off on the weekend. Article content The PMI gauge for manufacturing-heavy countries showed tepid activity, according to the S&P Global purchasing managers index that provides a snapshot of […]
Article content (Bloomberg) — Japanese automakers’ shares tumbled after US President Donald Trump pledged to impose tariffs against Canada and Mexico, with investors worried their operations may be upended considering many have factories south of the border from where they send cars into North America. Article content Toyota Motor Corp. shares fell as much as […]
Article content (Bloomberg) — Chinese equities listed in Hong Kong fell as trading resumed after the Lunar New Year holiday, with traders weighing US President Donald Trump’s move to impose a 10% levy on China. Article content The Hang Seng China Enterprises Index dropped as much as 2.2% in early trading, in line with declines […]
Article content (Bloomberg) — The Mexican peso and South African rand were the biggest losers in an emerging-market currency slump after US President Donald Trump imposed tariffs on some of America’s biggest trade partners. Article content The peso slumped to its lowest against the dollar in almost three years, as Mexican President Claudia Sheinbaum pledged […]
Article content (Bloomberg) — The yen withstood the worst of the dollar’s onslaught on Monday after President Donald Trump imposed new tariffs, suggesting that investors still see value in the Japanese currency as a haven in times of turmoil. Article content It advanced as much as 0.3% against the greenback before trading 0.4% lower at […]
Article content (Bloomberg) — Japan intends to closely monitor the impact on its currency of US President Donald Trump’s new tariffs and is worried about the international fallout from the trade imposts, Finance Minister Katsunobu Kato said. Article content “We need to carefully see how the exchange rate and other factors will be affected and […]
Breadcrumb Trail Links PMN Business Canada braced for economic turmoil and began rolling out retaliatory trade measures after President Donald Trump signed an executive order imposing 25% tariffs on almost everything the US imports from the country, and 10% on energy. Author of the article: Bloomberg News Thomas Seal Published Feb 01, 2025 • 3 […]
Breadcrumb Trail Links PMN Business South Korea’s exports maintained growth momentum in January, keeping optimism alive at the start of a year overshadowed by domestic political turmoil and Donald Trump’s tariff threat. Author of the article: Bloomberg News Sam Kim Published Jan 31, 2025 • Last updated 13 minutes ago • 3 minute read The Busan […]
Article content (Bloomberg) — The pace of price growth in Tokyo picked up, while other economic data suggested that Japan’s moderate recovery continues, backing the central bank’s economic outlook a week after authorities raised the benchmark rate again. Article content Consumer prices excluding fresh food in the capital climbed 2.5% in January from a year […]
Breadcrumb Trail Links PMN Business President Donald Trump’s inaugural committee received millions of dollars in donations from firms in the cryptocurrency industry that’s already seeing special attention from his administration, disclosures filed with the Senate Office of Public Records show. Author of the article: Bloomberg News Bill Allison Published Jan 30, 2025 • 2 minute […]